|Follow Me On:
|Roy Sperr Jason Walters and Shawn Hunter
Equity Source Mortgage, Inc.
Phone: Roy (763) 657-2012
Phone: Shawn (763) 657-2017
Some reports have found snap judgments work better for solving major life decisions. And books like Malcolm Gladwell's bestselling "Blink: The Power of Thinking Without Thinking" make a well-researched case.
As with other day-to-day processes, there is no one-size-fits-all answer for every person's decision-making process. Here are some options to ponder.
For quicker decisions...
If you consider yourself an over-thinker, procrastinator, perfectionist or someone who gets stuck in analysis paralysis, one of these tips may help speed up your decision-making abilities:
Set a timer for two to five minutes and force yourself to work through each item on your pros and cons list before the alarm goes off.
Simplify your choices with terms like "good" and "bad." Sometimes there are too many variables with pros and cons, which can be overwhelming. Simpler terms make less optimal decisions more obvious.
For more complex decisions...
The following modified checklist was introduced by decision management company Cloverpop, based on hundreds of experiments with tens of thousands of decision-makers. The researchers insist the checklist must be used to be effective. While this may seem to take a lot of time, they found managers who regularly follow this process saved an average of 10 hours of discussion, made decisions 10 days faster, and improved their outcomes by 20 percent. Here's what to do:
Pre-existing goals: Write down five pre-existing goals or priorities that your decision will impact.
Realistic alternatives: Jot down three to five possible alternatives to your decision options. Expanding your choices often improves decisions by providing contrast.
Missing information: Record any information you don't have. Do not ignore data or information through lack of knowledge. Consider how you're being distracted by what you already know.
Story time: Write a story about the impact your decision will have in one year. Analyzing your expected outcome can provide useful perspective.
Group discussion: Have a meeting with two to six others with a stake in the outcome. More perspectives can help reduce bias and increase buy-in, if needed.
Final decision: Write down your ultimate decision along with reasons why it was chosen. This will increase commitment and help you measure results as you follow up over time.
Follow up: In one to two months, follow up on the outcome of your decision. If things aren't going well, consider how you can make adjustments and learn from your choices.
The next time you need to make a decision, whether simple or more complex, these tips can help!
Sources: WebMD, Harvard Business Review, Cloverpop
You are receiving a complimentary subscription to YOU Magazine as a result of your ongoing business relationship with Roy Sperr Jason Walters and Shawn Hunter. While beneficial to a wide audience, this information is also commercial in nature and it may contain advertising materials.
INVITE A FRIEND to receive YOU Magazine. Please feel free to invite your friends and colleagues to subscribe.
SUBSCRIBE to YOU Magazine. If you received this message from a friend, you can subscribe online.
UNSUBSCRIBE: If you would like to stop receiving emails from Roy Sperr Jason Walters and Shawn Hunter, you can easily unsubscribe.
|Equity Source Mortgage, Inc.
19230 Evans St NW, Suite 100
Elk River, MN 55330
Powered by Platinum Marketing
© Copyright 2024. Vantage Production, LLC.